Mumbai: Seeking to arrest the declining value of rupee, the Reserve Bank has imposed restriction on banks with regard to trading in currency Futures and Options (F&O) with immediate effect.
Under

Mumbai: The rupee fell to a record low on Monday as an emerging markets selloff after strong U.S. jobs data laid bare the currency's vulnerability and dependence on capital inflows to fund its record

Kozhikode: The sharp fall in the Indian rupee has cheered the millions of families in Kerala depending on income from remittances. But, the travel industry is not happy as the cost of foreign travel

Mumbai: The rupee rose by 37 paise to Rs 59.82 against the American currency in early trade on the Interbank Foreign Exchange on Friday, extending Thursday's recovery on increased dollar selling by b

The rupee today recovered from its all-time lows by rising 32 paise to 60.40 against the dollar in early trade at the Interbank Foreign Exchange market on fresh selling of the US currency by exporters and banks.

 
Mumbai: India's current account deficit narrowed to 3.6 per cent of gross domestic product in the first quarter of 2013, down from a record high in the previous quarter, data showed Thursday.
 
The

Mumbai: The rupee on Thursday recovered from its all-time lows by rising 32 paise to 60.40 against the dollar in early trade at the Interbank Foreign Exchange market on fresh selling of the US curren

The rupee today sank to an all-time low of 60.35 against the dollar in mid-session trade, dragged down by heavy month-end demand for the US currency.

Mumbai: Erasing all its early gains, the rupee on Tuesday fell by four paise in the late morning trade due to fresh dollar demand from banks and importers on the back of firm global cues.
The rupee

Mumbai: The rupee is closing in on record low on the back of month-end importer dollar demand, weak equities. Pair at 59.71/72 versus 59.27/28 close on Friday, 59.9850 life high.
Dealers say the pair